If you're building a business of any sort in today's competitive climate you'd better know a thing or two about using the internet to help you. Today we give you part 1 of a 2 part series on the 5 things you need to build a business online. The internet can be a scary place but for the businesses that have learned to employ these five things, it's a godsend.
In this video we only got to the first three steps but I'll list all 5 of the things you need to build a business online but you'll need to come back tomorrow for the complete video commentary.
1 Targeted Traffic - The internet is full of traffic. But you don't want any ole traffic, you want to put your projected in front of the right traffic, targeted traffic. Meaning people that are actually looking for what you have to offer.
2 Leads - This is a skill worth learning at any cost. Leads are the lifeline of any business and if you can master lead generation online you can build a business online.
3 Relationships - Many business, especially new online businesses, miss this step. People online will not spend money with you unless they know, like and trust you. Therefore you have to spend some time developing the lead before you can convert them into a paying customer.
4. Sales - Yes I said it! The "S" word. I don't know how people attempt to make money in any business without sales. Some business owners refuse to say the word. They say things like "we don't sell, we educate." At the end of the day you have to get comfortable selling if you plan to build a business online.
5. Systems/Tools - When it comes to these 5 things they are all relevant and all needed but you don't want to spend all day doing them. Therefore, you'll need systems and tools to help automate as much of the process as possible.
Again the video below has extensive commentary on the first 3 things you need come back tomorrow for part 2 to get commentary on the final 2 things you need to build a business online. Be sure to leave us a comment and let us know what you think.
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1. Overcoming Time Poverty - Bill Quain, Ph.D
2. The 21 Day Financial Fast - Michelle Singletary
3. Are You Fired Up? - Anne Whiting
4. Think and Grow Rich, A Black Choice - Dr Dennis Kimbro
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